Current BORR Stock Info

By Tyler Losier, Energy Reporter, Oil & Gas 360

Borr Drilling is awarded its fourth Mexican contract in less than nine months
Borr Drilling (stock ticker: BORR), an international drilling contractor headquartered in Bermuda, has been awarded a contract by Petróleos Mexicanos (Pemex) for the employment of a jack-up drilling rig.

Previously, the company has entered into two other similar contracts with Pemex. The first rig, the Grid, has arrived on site and is currently commencing operations, and the second rig, the Gersemi, is expected to commence shortly thereafter.

The design of the Grid and the Gersemi (source: Borr Drilling)

The Grid and the Gersemi, both Liberian-flagged self-elevated drilling units, have an operati...

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